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Day: September 7, 2025

Moscow: Uncertainty loomed over what Saudi Arabia, Russia, and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered. The meeting by the group of eight oil-producing countries known as the Voluntary Eight (V8) comes as oil prices extended losses in anticipation of excess supply in the coming months.

According to Nam News Network, in a bid to prop up prices, the wider OPEC+ group—comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies—had agreed in recent years to several output cuts that amounted to almost…

HM The Sultan Greets President of North Macedonia

Muscat: His Majesty Sultan Haitham bin Tarik has sent a cable of greetings to President Gordana Siljanovska Davkova of the Republic of North Macedonia on the occasion of her country’s National Day. His Majesty the Sultan expressed his sincere wishes t…

Oman and Kazakhstan Forge Financial Cooperation Through MoU

Astana: The Sultanate of Oman, represented by the Financial Services Authority (FSA), and the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market have signed a Memorandum of Understanding (MoU) aimed at enhancin…